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en-usCopyright 2015 Weblogs, Inc. The contents of this feed are available for non-commercial use only.Blogsmith http://www.blogsmith.com/http://www.autoblog.com/2014/06/24/nissan-ghosn-highest-paid-exec-japan-10m-year/http://www.autoblog.com/2014/06/24/nissan-ghosn-highest-paid-exec-japan-10m-year/http://www.autoblog.com/2014/06/24/nissan-ghosn-highest-paid-exec-japan-10m-year/#commentsFiled under: Earnings/Financials, Nissan, JapanNissan CEO Carlos Ghosn is on track to be the highest-paid executive in Japan for the fourth time in five years. Ghosn's salary and bonuses last year rang the register to the tune of $9.8 million (995 million yen), and when stock dividends are added to the equation, the exec's total pay crested a billion yen. That represents a 0.7-percent increase over his pay from the previous year. Ghosn earned an additional $3.1 million as CEO of Renault.

Permalink | Email this | Comments]]>carlos ghosnceo paycompensationexecutive payjapannissanrenaultTue, 24 Jun 2014 14:30:00 ESThttp://www.autoblog.com/feed/21008270/article-comments.xmlhttp://www.autoblog.com/feed/2014/06/24/nissan-ghosn-highest-paid-exec-japan-10m-year/21008270/article-detail.xml21008270http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fdims-shared%2Fdims3%2FGLOB%2Fcrop%2F3738x2482%2B0%2B0%2Fresize%2F628x417%21%2Fformat%2Fjpg%2Fquality%2F85%2Fhttp%3A%2F%2Fhss-prod.hss.aol.com%2Fhss%2Fstorage%2Fmidas%2F6d3f530b9c74da2da834d94c87c943aa%2F200317614%2F9e5f5ec61be1496d97ca8bb39d2a7478.jpeghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fdims-shared%2Fdims3%2FGLOB%2Fcrop%2F3738x2482%2B0%2B0%2Fresize%2F628x417%21%2Fformat%2Fjpg%2Fquality%2F85%2Fhttp%3A%2F%2Fhss-prod.hss.aol.com%2Fhss%2Fstorage%2Fmidas%2F6d3f530b9c74da2da834d94c87c943aa%2F200317614%2F9e5f5ec61be1496d97ca8bb39d2a7478.jpeghttp://www.autoblog.com/2014/01/17/mary-barra-dan-akerson-salary-official/http://www.autoblog.com/2014/01/17/mary-barra-dan-akerson-salary-official/http://www.autoblog.com/2014/01/17/mary-barra-dan-akerson-salary-official/#commentsFiled under: Hirings/Firings/Layoffs, GMWhen General Motors' top executive Mary Barra broke through the automotive glass ceiling to become the industry's first major female CEO, it was heralded as a long-overdue decision that highlighted the fact that the auto industry is still a quite bit stodgy. That was underscored late Friday when GM released how much it will pay Barra for taking on this huge job - and it's not a heartwarming figure.

Permalink | Email this | Comments]]>dan akersonexecutive paygmmary barraFri, 17 Jan 2014 17:48:00 ESThttp://www.autoblog.com/feed/21010939/article-comments.xmlhttp://www.autoblog.com/feed/2014/01/17/mary-barra-dan-akerson-salary-official/21010939/article-detail.xml21010939http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fdims-shared%2Fdims3%2FGLOB%2Fcrop%2F2729x1828%2B270%2B3%2Fresize%2F628x417%21%2Fformat%2Fjpg%2Fquality%2F85%2Fhttp%3A%2F%2Fo.aolcdn.com%2Fhss%2Fstorage%2Fadam%2Fa725f3954385f56f17ecc6eccfebb4d%2F462621015.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fdims-shared%2Fdims3%2FGLOB%2Fcrop%2F2729x1828%2B270%2B3%2Fresize%2F628x417%21%2Fformat%2Fjpg%2Fquality%2F85%2Fhttp%3A%2F%2Fo.aolcdn.com%2Fhss%2Fstorage%2Fadam%2Fa725f3954385f56f17ecc6eccfebb4d%2F462621015.jpghttp://www.autoblog.com/2013/12/13/gm-ceo-barra-executive-pay/http://www.autoblog.com/2013/12/13/gm-ceo-barra-executive-pay/http://www.autoblog.com/2013/12/13/gm-ceo-barra-executive-pay/#commentsFiled under: Government/Legal, Hirings/Firings/Layoffs, GMOne would expect that as the CEO of one of the largest automakers in the world, the pay would be pretty darn competitive. And for the just-announced incoming CEO of General Motors, Mary Barra, the financial compensation package could well be substantially rosier than it was for her predecessor. That's because she'll be the first exec at the company's helm since the federal government sold off its remaining interest in the company earlier this week.

Permalink | Email this | Comments]]>bailoutdan akersonexecutive paygmgm bailoutgm ceomary barraFri, 13 Dec 2013 16:31:00 ESThttp://www.autoblog.com/feed/21011543/article-comments.xmlhttp://www.autoblog.com/feed/2013/12/13/gm-ceo-barra-executive-pay/21011543/article-detail.xml21011543http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fhss%2Fstorage%2Fadam%2F3be3e6cee6ee8e6bd6201076d64e851e%2F184769737.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fo.aolcdn.com%2Fhss%2Fstorage%2Fadam%2F3be3e6cee6ee8e6bd6201076d64e851e%2F184769737.jpghttp://www.autoblog.com/2013/04/29/us-treasury-denies-pay-hikes-for-gm-ally-execs/http://www.autoblog.com/2013/04/29/us-treasury-denies-pay-hikes-for-gm-ally-execs/http://www.autoblog.com/2013/04/29/us-treasury-denies-pay-hikes-for-gm-ally-execs/#commentsFiled under: Earnings/Financials, Government/Legal, GMIn December, the US Treasury granted General Motors the rights for the company to once again buy corporate jets and for its executives to fly on them, but neither those execs nor the ones at Ally Financial will get any raises this year. The automaker, worried that top talent might leave for higher-paying pastures, reportedly sought a more "market-based approach to executive compensation" for 12 of its top 25 execs. Because the federal government still has stakes in both GM and Ally, though, the companies need approval for pay raises, and they were declined. Neither company sought raises for their CEOs, and Ally's request didn't involve any additional cash compensation for the executives in question.

Permalink | Email this | Comments]]>allyally financialdan akersonexecutive compensationexecutive paygeneral motorsgmgm bankruptcytarptreasuryus treasuryMon, 29 Apr 2013 11:30:00 ESThttp://www.autoblog.com/feed/21015502/article-comments.xmlhttp://www.autoblog.com/feed/2013/04/29/us-treasury-denies-pay-hikes-for-gm-ally-execs/21015502/article-detail.xml21015502http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2013%2F04%2Fgm-ceo-dan-akerson-at-lectern.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2013%2F04%2Fgm-ceo-dan-akerson-at-lectern.jpghttp://www.autoblog.com/2012/04/09/treasury-orders-executive-pay-cuts-at-gm-including-ceo-akerson/http://www.autoblog.com/2012/04/09/treasury-orders-executive-pay-cuts-at-gm-including-ceo-akerson/http://www.autoblog.com/2012/04/09/treasury-orders-executive-pay-cuts-at-gm-including-ceo-akerson/#commentsFiled under: Earnings/Financials, Government/Legal, GMThe Detroit Free Press reports that the United States Treasury has exercised its power to put a cap on executive compensation at General Motors by freezing CEO Dan Akerson's pay at last year's levels. Akerson brought home a total of $9 million last year including salary, stock and restricted stock.

Permalink | Email this | Comments]]>dan akersonexecutive paygeneral motorsgmpayus treasuryMon, 09 Apr 2012 09:27:00 ESThttp://www.autoblog.com/feed/21021998/article-comments.xmlhttp://www.autoblog.com/feed/2012/04/09/treasury-orders-executive-pay-cuts-at-gm-including-ceo-akerson/21021998/article-detail.xml21021998http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2012%2F04%2Fgyi0062768148.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2012%2F04%2Fgyi0062768148.jpghttp://www.autoblog.com/2012/03/08/chrysler-paid-marchionne-nothing-in-2011/http://www.autoblog.com/2012/03/08/chrysler-paid-marchionne-nothing-in-2011/http://www.autoblog.com/2012/03/08/chrysler-paid-marchionne-nothing-in-2011/#commentsFiled under: Earnings/Financials, Government/Legal, Chrysler, FiatChrysler has filed its annual financial report with the Security and Exchange Commission, and a few important tidbits have thus been revealed. For instance, company CEO Sergio Marchionne was paid exactly zero dollars last year in compensation for the role he played in rescuing Chrysler from the clutches of bankruptcy.

Permalink | Email this | Comments]]>ceo compensationceo paychryslerexecutive compensationexecutive payfiatmarchionnesergio marchionneThu, 08 Mar 2012 13:28:00 ESThttp://www.autoblog.com/feed/21022551/article-comments.xmlhttp://www.autoblog.com/feed/2012/03/08/chrysler-paid-marchionne-nothing-in-2011/21022551/article-detail.xml21022551http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2012%2F03%2Fmarchionne-paid.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2012%2F03%2Fmarchionne-paid.jpghttp://www.autoblog.com/2011/07/29/marchionne-says-he-wont-jack-up-chrysler-executive-pay-with-cap/http://www.autoblog.com/2011/07/29/marchionne-says-he-wont-jack-up-chrysler-executive-pay-with-cap/http://www.autoblog.com/2011/07/29/marchionne-says-he-wont-jack-up-chrysler-executive-pay-with-cap/#commentsFiled under: Government/Legal, ChryslerLast week, Chrysler was able to pay off its remaining $560 million in government debt. That's big news for Team Pentastar for many reasons, including reduced interest payments and increased control over its own future. Another, less publicized reward is that Chrysler no longer is required to adhere to the government's strict $500,000 executive pay cap, but that doesn't mean company brass can expect the fat checks to come rolling in.

Permalink | Email this | Comments]]>carlos ghosn salaryexecutive payghosnhondanissantoyotaWed, 08 Jun 2011 15:58:00 ESThttp://www.autoblog.com/feed/21028076/article-comments.xmlhttp://www.autoblog.com/feed/2011/06/08/nissan-bigwigs-paid-twice-as-much-as-honda-toyota-counterparts/21028076/article-detail.xml21028076http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2011%2F06%2Fghosn-nissan.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2011%2F06%2Fghosn-nissan.jpghttp://www.autoblog.com/2011/05/12/despite-lengthy-bankruptcy-visteons-stebbins-earns-more-than-a/http://www.autoblog.com/2011/05/12/despite-lengthy-bankruptcy-visteons-stebbins-earns-more-than-a/http://www.autoblog.com/2011/05/12/despite-lengthy-bankruptcy-visteons-stebbins-earns-more-than-a/#commentsFiled under: Earnings/FinancialsThere were some raised eyebrows after Ford CEO Alan Mulally raked in $26.5 million in 2010, even after the company realized a healthy profit and significantly improved sales. But while Mulally got a big check for being instrumental in the company's high-profile turnaround, he wasn't even the highest paid CEO in Michigan.

Permalink | Email this | Comments]]>alan mulallyalan mulally compensationalan mulally millionsAlanMulallyexecutive compensationExecutive PayExecutivePayMon, 28 Jun 2010 10:29:00 ESThttp://www.autoblog.com/feed/21035747/article-comments.xmlhttp://www.autoblog.com/feed/2010/06/28/report-mulallys-compensation-more-than-that-of-top-three-japan/21035747/article-detail.xml21035747http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F11%2F88641291_opt.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F11%2F88641291_opt.jpghttp://www.autoblog.com/2010/02/12/lutz-auto-execs-are-underpaid/http://www.autoblog.com/2010/02/12/lutz-auto-execs-are-underpaid/http://www.autoblog.com/2010/02/12/lutz-auto-execs-are-underpaid/#commentsFiled under: Earnings/Financials, Government/Legal, GMTo clarify, Bob Lutz is specifically talking about General Motors' top 25 execs. They are the ones who have seen their salaries decline by 31%, and their total remuneration packages go down by more than 20%. Said Lutz, "given the rigors of the job and demands and the accountability, I would say we are being paid way, way, way below market."

Permalink | Email this | Comments]]>bob lutzBobLutzexecutive compensationExecutive PayExecutivePaygmTreasuryFri, 12 Feb 2010 15:27:00 ESThttp://www.autoblog.com/feed/21038909/article-comments.xmlhttp://www.autoblog.com/feed/2010/02/12/lutz-auto-execs-are-underpaid/21038909/article-detail.xml21038909http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2010%2F02%2Fgyi0059258400-630opcap.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2010%2F02%2Fgyi0059258400-630opcap.jpghttp://www.autoblog.com/2009/12/14/fed-may-reconsider-500k-salary-cap-for-new-gm-ceo-limit-pay-fo/http://www.autoblog.com/2009/12/14/fed-may-reconsider-500k-salary-cap-for-new-gm-ceo-limit-pay-fo/http://www.autoblog.com/2009/12/14/fed-may-reconsider-500k-salary-cap-for-new-gm-ceo-limit-pay-fo/#commentsFiled under: Earnings/Financials, GMIt's official: pay czar Kenneth Feinberg's executive compensation rules for companies yet to return their bailout funds means a cap of $500K for second-tier executives. Importantly, that number represents the total compensation allowed, but only 45 percent of it -- $225,000, can be in cold, hard ducats. Stock remuneration must be held or paid out over at least two years, and extracurricular perks like country club memberships and private jet escapades can be valued at no more than $25,000.

Permalink | Email this | Comments]]>executive compensationexecutive payExecutivePayfinancialsgeneral motorsGeneralMotorsgmkenneth feinbergKennethFeinbergpay czarPayCzarMon, 14 Dec 2009 08:27:00 ESThttp://www.autoblog.com/feed/21040269/article-comments.xmlhttp://www.autoblog.com/feed/2009/12/14/fed-may-reconsider-500k-salary-cap-for-new-gm-ceo-limit-pay-fo/21040269/article-detail.xml21040269http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F12%2F92421939-630op.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F12%2F92421939-630op.jpghttp://www.autoblog.com/2009/06/16/report-gm-cutting-executive-pensions-ex-ceo-wagoner-to-get-pin/http://www.autoblog.com/2009/06/16/report-gm-cutting-executive-pensions-ex-ceo-wagoner-to-get-pin/http://www.autoblog.com/2009/06/16/report-gm-cutting-executive-pensions-ex-ceo-wagoner-to-get-pin/#commentsFiled under: Earnings/Financials, Government/Legal, GMWith General Motors in bankruptcy, it was only a matter of time before pensions came under scrutiny. TheDetroit News is reporting that GM CEO Fritz Henderson has confirmed that executive pensions beyond $100,000 per year will be cut by two-thirds. Recently defenestrated boss Rick Wagoner will likely take the biggest hit of all - he was supposed to receive $22 million over five years as part of his retirement package, but that number will reportedly drop by up to $15 million.

Permalink | Email this | Comments]]>bankruptbankruptcyexecutive payExecutivePayFritz HendersonFritzHendersongeneral motorsGeneralMotorsgmIacoccapensionpensionsrick wagonerRickWagonerTue, 16 Jun 2009 13:00:00 ESThttp://www.autoblog.com/feed/21044427/article-comments.xmlhttp://www.autoblog.com/feed/2009/06/16/report-gm-cutting-executive-pensions-ex-ceo-wagoner-to-get-pin/21044427/article-detail.xml21044427http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F06%2Fwagoner-gesturing-getty-pugliano-580.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F06%2Fwagoner-gesturing-getty-pugliano-580.jpghttp://www.autoblog.com/2009/02/18/how-much-does-nardelli-really-earn-could-be-much-more-than-1/http://www.autoblog.com/2009/02/18/how-much-does-nardelli-really-earn-could-be-much-more-than-1/http://www.autoblog.com/2009/02/18/how-much-does-nardelli-really-earn-could-be-much-more-than-1/#commentsFiled under: Earnings/Financials, Etc., Government/LegalThe president decreed that CEOs running banks that received TARP funds couldn't be paid more than $500,000 each year. Chrysler isn't a bank, yet it has received TARP funds, and its CEO, Bob Nardelli, is well under the $500,000. Or at least, he might be. During recent Congressional hearings Nardelli was asked if he'd take a pay cut to $1 a year, and he said he would; the only thing is, he was already making $1 a year.

Permalink | Email this | Comments]]>bob nardelliBobNardelliceoceo compensationceo payCeoCompensationCeoPaychryslerexecutive compensationexecutive payExecutivePaygovernmenttarpWed, 18 Feb 2009 18:04:00 ESThttp://www.autoblog.com/feed/21047046/article-comments.xmlhttp://www.autoblog.com/feed/2009/02/18/how-much-does-nardelli-really-earn-could-be-much-more-than-1/21047046/article-detail.xml21047046http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F02%2Fnardelli_pay4300op.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F02%2Fnardelli_pay4300op.jpghttp://www.autoblog.com/2008/04/26/gm-increases-exec-salaries-to-normal-levels/http://www.autoblog.com/2008/04/26/gm-increases-exec-salaries-to-normal-levels/http://www.autoblog.com/2008/04/26/gm-increases-exec-salaries-to-normal-levels/#commentsFiled under: Etc., GMGM has seen plenty of tough times over the past few years, and even the company's top executives have felt the pinch. Executive pay was among the items cut as the General waded through multi-billion-dollar losses and immense market pressure, but after two years of cuts, the members of GM's top brass are getting their old salaries back. Top boss Rick Wagoner's base pay went as "low" as $1.1M but is now back to its 2003 level of $2.2M. Product czar Bob Lutz and money man Fritz Henderson also had their pay restored, and Fritz even got a raise to reflect his promotion to COO. Many of the pay cuts were voluntary in recognition of GM's market struggles, but even with the cuts in base pay, overall executive pay packages are worth a lot more than just the salaries alone. Wagoner, for example, was paid $14.4M in 2007, while Maximum Bob came in at $6.9M.